EIB Approves €575 Million Loan for Repsol’s 1.1 GW Wind & Solar Projects in Spain Updated On Wed, Jul 26th, 2023 by Saurenergy The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […] Read more
India, China To See Major Rise of Power Generation Emissions By 2024: IEA Updated On Wed, Jul 19th, 2023 by Saurenergy The latest report by the International Energy Agency (IEA) released today claimed that while the power demands in advanced economies are slated to plunge, they will likely go up for South Asian countries like India and China. It also said that while the emissions from power generation are slated to slump in Europe, it is likely to […] Read more
Inox Wind Secures Certification for 3 MW Wind Turbine Updated On Mon, Jul 17th, 2023 by Saurenergy Inox Wind, a wind energy solutions provider in India, today announced that TUV SUD, a global certification body based in Germany, has granted a Type Certificate to Inox Wind for their state-of-the-art, new generation 3 MW wind turbine with a booster capacity of up to 3.3 MW. This certification signifies that the prototype turbine has […] Read more
JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1 Updated On Mon, Jul 17th, 2023 by Saurenergy JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT). As per the details shared by the firm […] Read more
Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records Updated On Fri, Jul 14th, 2023 by Saurenergy The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […] Read more
CleanMax Commissions 400 MW Wind Solar Hybrid Plant in Gujarat Updated On Fri, Jul 14th, 2023 by Saurenergy Renewable energy firm in the C&I (commercial and industrial) sector, CleanMax has commissioned a 400 MW solar-wind hybrid project in Gujarat. The project, which began last year, has completed the commissioning of the project in a period of 14 months. In the hybrid project, wind claims a slightly higher share as against solar, informs the […] Read more
NTPC Group’s Total Power Generation Capacity Crosses 73 GW Updated On Fri, Jul 7th, 2023 by Saurenergy The total generation capacity of the National Thermal Power Corporation (NTPC) Group has crossed 73 Gigawatt (GW), a statement from the Ministry of Power said today. The ministry said that with more power projects, the group’s total installed electricity generation capacity touched 73,024 Megawatt (MW). It includes 57,038 MW installed capacity of power plants owned by […] Read more
Overcoming Climate Change Risks: India’s Quest to Expand Offshore Wind Power Updated On Fri, Jun 23rd, 2023 by Saurenergy India is banking on wind power expansion to meet close to a third of its 2030 renewables target, with solar accounting for most of the rest. Importantly, the country is finally actively pushing for offshore wind power as it aims to achieve 30 GW of offshore wind energy capacity by 2030. With one of the […] Read more
Thermax Subsidiary First Energy Commissions 45.80 MW Wind-Solar Hybrid Captive Plant Updated On Thu, Jun 22nd, 2023 by Saurenergy First Energy Private Limited (FEPL), a wholly owned subsidiary of Thermax Limited, an energy and environment solutions provider has commissioned a 45.80 MW wind-solar hybrid (WSH) captive power plant in the state of Gujarat. The state-of-the-art facility has an installed capacity of 24.3 MW of wind energy and 21.50 MW of solar energy. The plant […] Read more